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Steady Company pays annual dividends and just paid a dividend of $1.00. You assume Steady Company's dividends are expected to grow by 15.00% per year

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Steady Company pays annual dividends and just paid a dividend of $1.00. You assume Steady Company's dividends are expected to grow by 15.00% per year indefinitely and that the required return is 10.00% p.a. Based on this information, what is the price of a Steady Company share? a. -$23.00 b. $22.00 c. $100.00 d. $101.53 e. None of the above

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